How much are you spending on back-to-school supplies or clothes for your children this year?
I haven’t set up a budget, but being the frugal mom that I am, I’m hoping it’s as little as possible. My teenage daughter, however, may have different thoughts about this.
With her, cost is often an afterthought. A Capital One survey released this week found teens and parents have vastly different views of how much school supplies cost. Only 41 percent of the teens surveyed said they expect their parents to spend more than $100 shopping for school, but 68 percent of parents expect they will spend more than $100. To me, that says teens often don’t have a clue about how much things cost today.